Side-A

• D&O Add-On Unveiled For FI Execs Caught In Systemic-Risk Whirlwinds

  By Mark E. Ruquet, PropertyCasualty360.com  |  May 20, 2011

  New rules that expose executives and directors of troubled financial-services institutions to unexpected negative consequences—including the possible loss of their salaries and other compensation—have sparked the creation a new insurance coverage.

• Did Government Bailouts Save D&O Market From Side-A Debacle?

  By Susanne Sclafane, PropertyCasualty360.com  |  February 21, 2011

  The combination of corporate bankruptcies, high-dollar shareholder derivative lawsuit settlements and declines in Side-A pricing may soon turn a profitable niche of the directors and officers liability insurance market into a money loser, carrier executives say.

• Derivative Lawsuits And Side-A Explained

  February 21, 2011

  Shareholder plaintiffs bringing derivative actions typically sue the directors and officers “in the name and for the benefit of” the company in which they hold shares, alleging harm done to the company through breaches of various duties.

• Do ‘Side A’ D&O Policies Still Have Value?

  By Mark Paccione  |  February 7, 2011

  Do Side A D&O policies add value at a time when terms of standard “ABC” policies are getting broader? Mark Paccione of Everest Specialty Underwriters argues that they do, and explains the benefits.

• Side-A Market Competition Heating Up

  By Susanne Sclafane, PropertyCasualty360.com  |  December 21, 2009

  When Michael Turk, senior consultant for Towers Perrin, pulled together figures for his firm's annual directors and officers liability insurance survey back in 2007, something just didn't seem right.